Investor Alert: Senior Investors At Risk for Fraud

Block & Landsman by Block & Landsman

investmentInvestment fraud is nothing new, and unfortunately, it is something American's read about in newspapers and on the web nearly every day. Sadly, many brokerage firms and financial advisors will stop at nothing to make a few extra bucks at the expense of unsuspecting investors, and senior citizens, who are some of our most vulnerable members of society, are often the main target for multiple types of investment fraud. According to FINRA, approximately 10,000 Americans will turn 65 each day for the next 15 years. Studies reveal that the elderly...Read More

Illinois to Jump Back into Bonds

Block & Landsman by Block & Landsman

BusinessIllinois to Jump Back into Bonds Following a nearly two year absence from the bond market, Illinois has jumped back into bonds through the January 30th offering of half a billion dollars in long-term bonds. The bonds are intended to help give the state much-needed funding for infrastructure. Bond investors, leery of the state’s continued fiscal problems and 2013 accusations of securities fraud, are expected to demand compensation through high rates. Illinois’s History of High Bond Rates For much of the last decade, higher rates hav...Read More

Savvy Investors Become Wise To Fraudulent Investment Tactics

Block & Landsman by Block & Landsman

FraudThe SEC's crackdowns on fraudulent activities by brokers shone a new light on widespread fraud and corruption in investing. After years of fraud by once trusted market advisors, investors are more savvy than ever when making investment decisions and protecting their assets. In the process, investors took away four lessons that offer long-term protection against fraudulent investments.   Nothing Is Guaranteed Investments are always risky, even for the bluest of blue chips, but investors are still tempted by the idea of a "sure thing". A...Read More

Restrictive Covenants And Their Enforceability

Block & Landsman by Block & Landsman

The attorneys at Block & Landsman actively represent individuals and employers who are either contemplating or challenging restrictive covenants, including non-compete and non-solicitation terms in an employment agreement or contract. Recent case law highlights the difficulties in drafting effective and enforceable covenants. In the recent case Assured Partners v. Schmitt, the First District Court of Appeals affirmed the circuit court’s ruling which found the restrictive covenants included in Schmitt’s employment contract were not en...Read More